Business

Jun212026 by Statement DeskNo Comments

BRAC Bank and Ministry of Finance organise 3-day training on climate finance

BRAC Bank and the Economic Relations Division (ERD) of the Ministry of Finance jointly organised a three-day climate finance training programme to strengthen public-private collaboration in mobilising sustainable investment climate resilience in Bangladesh.The programme, titled "Upskilling Multisectoral Professionals as Climate Investment Catalysts: Navigating Climate Science, Policies and Finance," brought together representatives from ten banks, six government ministries, civil society organisations and academia to build the knowledge and practical skills required to develop and finance climate-resilient projects.Md. Shahriar Kader Siddiky, Secretary, Economic Relations Division, Ministry of Finance, inaugurated the programme as Chief Guest at the Planning Commission in Agargaon,...

Jun192026 by Statement DeskNo Comments

Intex Bangladesh 2026 Opens in Dhaka, Uniting Global Textile Leaders for Sourcing and Collaboration

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South Asia’s premier international textile sourcing platform, Intex Bangladesh 2026, officially opened on 18 June 2026 at the International Convention City Bashundhara (ICCB), Dhaka. The three-day exhibition brings together textile manufacturers, sourcing professionals, buyers, brands, policymakers, and trade associations for business networking, innovation, and cross-border collaboration.The inauguration was attended by senior government officials, diplomats, industry leaders, and international exhibitors. The Opening Ceremony featured remarks by Mr. Rajesh Bhagat (Chairman & MD, Worldex India), Mr. Murali Balkrishna (Joint Director, TEXPROCIL), Mr. Md. Abdul Hamid Pintu (President, BGBA), and Mr. Mohammed Hatem (President, BKMEA). The keynote address was delivered by Guest of Hon...

Jun192026 by Statement DeskNo Comments

K-Goods Festa begins at JFP

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"K-Goods Festa 2026," a two-day celebration of Korean innovation and culture, is underway starting today at the East Court of Jamuna Future Park. Jointly organized by the Embassy of the Republic of Korea in Bangladesh and the Korea Trade-Investment Promotion Agency (KOTRA), the event was graced by His Excellency Kim Ji-Joon, Ambassador of the Republic of Korea to Bangladesh, alongside Jungmin Jung, Managing Director of Samsung Bangladesh, Saad Bin Hasan, General Manager, Mobile Business Division, Samsung Bangladesh and other officials from Samsung Bangladesh. As one of the premier global brands participating in this cultural and commercial celebration, Samsung Bangladesh has elevated the visitor experience with product showcases and exclusive event-only rewards. Walk-in consumers visiting...

Jun192026 by Statement DeskNo Comments

IBFB Welcomes FY 2026-27 Budget

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The International Business Forum of Bangladesh (IBFB) has described the proposed National Budget for FY 2026-27 as a positive and pragmatic roadmap for economic recovery, investment expansion, employment generation, and long-term structural reforms.At a press conference titled “Proposed Budget 2026-27: Expectations and Outcomes” held today 18 June, 2026 at the National Press Club, Dhaka. IBFB President, Ms. Lutfunnisa Saudia Khan stated that the budget’s focus on investment, industrialization, SME development, support for women and young entrepreneurs, expansion of the digital economy, increased use of renewable energy, and enhancement of the tax-free income threshold sends a positive signal for business and employment.She added that successful implementation of these initiatives w...

Jun172026 by Statement DeskNo Comments

BEELIA Demands Reclassification of Elevators as Capital Machinery and Rationalization of Duties.

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The Bangladesh Elevator, Escalator and Lift Importers Association (BEELIA) has called upon the government to reclassify elevators and escalators as Capital Machinery and rationalize the existing duty structure to ensure sustainable growth of the country’s housing, industrial, and infrastructure sectors.On June 17, 2026 Speaking at a press conference held in the Dhaka Reporters Unity (DRU) today, BEELIA President Md. Shafiul Alam Uzzwal stated that elevators are no longer luxury items in the context of modern urbanization, high-rise construction, industrialization, and inclusive infrastructure development. Rather, they are essential capital equipment that support economic growth and public accessibility.He noted that elevators were removed from the Capital Machinery category in 2023...

Jun172026 by Statement DeskNo Comments

Daraz Reaffirms Its Commitment to Bangladesh

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Daraz Bangladesh has reaffirmed its long-term commitment to the country, stating that it continues to operate normally and remains focused on sustainable growth in the Bangladesh market, following recent media reports regarding its investment and operational outlook.The company said such characterizations do not reflect its actual strategic priorities or day-to-day operations and sought to provide clarity on its market commitment.Daraz continues to invest in technology-driven solutions to improve operational efficiency and customer experience, with a focus on building a scalable and sustainable digital commerce operation across Bangladesh.Last year alone, the platform has onboarded more than 7,000 new sellers, demonstrating continued growth of its ecosystem and its commitment t...

Jun162026 by Statement DeskNo Comments

BRAC Bank and Coca-Cola İçecek Bangladesh Partner to Strengthen Distribution Ecosystem

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BRAC Bank has signed a Distributor Finance Agreement with Coca-Cola İçecek (CCI) Bangladesh to strengthen its distribution ecosystem, enhance access to working capital, and support sustainable business growth across the country.Under the partnership, BRAC Bank will provide tailored Distributor Finance solutions to CCI Bangladesh’s distributor network, enabling them to access timely financing for product procurement and maintain healthy cash flows to support business expansion.The collaboration is designed to streamline financing across the supply chain, improve operational efficiency, and empower distributors with greater financial flexibility. By ensuring seamless access to liquidity, the initiative will help distributors strengthen their businesses, respond effectively to market ...

Jun142026 by Statement DeskNo Comments

PriyoShop Takes Bangladesh to the UN: Representing Emerging Market Infrastructure at STI Forum 2026

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PriyoShop Retail Distribution infrastructure for MSMEs in emerging markets made its mark on the global stage at the United Nations Science, Technology and Innovation (STI) Forum 2026 at UN Headquarters in New York.PriyoShop’s Founder and CEO Asikul Alam Khan represented Bangladesh alongside ambassadors, UNCTAD officials, Microsoft leadership, the Digital Cooperation Organization and founders from across emerging economies united by a shared urgency: closing the infrastructure gap that continues to cripple MSME supply chains worldwide.Bangladesh is one of the world's fastest-growing consumer markets, powered by over 5 million small retailers who form the backbone of everyday commerce. Yet these businesses operate with limited working capital, fragmented supply chains, inaccessible d...

Jun132026 by Statement DeskNo Comments

Demand for large cargo vessel gains steam, banks come up with financing solutions

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Bangladesh’s growing focus on river transport and maritime logistics is creating fresh opportunities for banks to finance commercial vessels, as demand rises for modern bulkheads, cargo ships, oil tankers, dredgers, and other water transport vehicles.With one of the world’s largest inland waterway networks spanning more than 3,800 kilometres, waterways remain central to the country’s trade and supply chain. From agricultural produce and construction materials to fuel and industrial goods, rivers continue to carry a major share of domestic cargo in Bangladesh.The economics are compelling. According to World Bank estimates, transporting one tonne of cargo per kilometre costs around Tk 4.50 by road and Tk 2.74 by rail, while river transport costs less than Tk 1. This cost advantage ha...

Jun132026 by Statement DeskNo Comments

BYD Bonanza Brings Exclusive China Trip, Holiday Packages and Guaranteed Rewards

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BYD, the world’s leading New Energy Vehicle (NEV) manufacturer, has launched the exciting BYD Bonanza Campaign in Bangladesh, offering customers the opportunity to win extraordinary rewards, including an exclusive trip to BYD Headquarters in China, luxury holiday packages, cash vouchers, couple’s dinner, and many more guaranteed prizes. As part of the campaign, every customer who confirms a BYD booking will receive a guaranteed reward through an instant lucky draw, making their journey toward sustainable mobility even more rewarding. Participating in the campaign is simple. Interested customers need to open their SMS application, type BYD WIN, and send it to 26969. Upon sending the SMS, they will receive a unique participation code By visiting any authorized BYD showroom in Bangladesh, b...